Gallantt Ispat Promoter Acquires 1.63 Crore Shares Through Gift Transaction

Gallantt Ispat Limited has witnessed a significant internal shareholding restructuring as promoter Chandra Prakash Agrawal acquired a substantial stake from a fellow promoter group member. The transaction, executed on December 22, 2025, and disclosed under SEBI regulations on December 23, 2025, represents a strategic consolidation of shares within the promoter family.

Transaction Details

Chandra Prakash Agrawal acquired 16.33 million (1.63 crore) equity shares from promoter group member Mayank Agrawal through an off-market gift transaction. The key transaction parameters are presented below:

Parameter:	Details
Shares Acquired:	1,63,31,915 equity shares
Transaction Mode:	Off-market gift transaction
Transaction Date:	December 22, 2025
Disclosure Date:	December 23, 2025
Transferor:	Mayank Agrawal (Promoter Group)
Transferee:	Chandra Prakash Agrawal (Promoter)

Impact on Shareholding Pattern

The transaction resulted in a notable change in the promoter group's shareholding structure. Following this internal transfer, the combined holding of Chandra Prakash Agrawal and persons acting in concert increased significantly:

Shareholding Metric:	After Transaction
Promoter Group Holding:	35.97%
Mayank Agrawal's Holding:	0.00%
Shares Percentage:	6.77% of total share capital

Regulatory Compliance

The transaction was disclosed in compliance with SEBI regulations, including Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited.

Family Asset Restructuring

According to the official disclosure, this transfer represents a private arrangement between members of the Agrawal family, specifically designed to streamline family assets. The transaction involved immediate relatives within the promoter and promoter group structure, with Mayank Agrawal transferring his entire shareholding to Chandra Prakash Agrawal.

Market Implications

Since the transaction was structured as a gift between promoter group members, no monetary consideration was involved. The shares were transferred off-market, ensuring no direct impact on the company's market price during the transaction. The consolidation strengthens the promoter group's control over the company while maintaining the overall promoter group shareholding within the same family structure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.25%	+1.39%	-11.56%	-1.23%	+52.93%	+1,326.12%

Gallantt Ispat Limited has witnessed consecutive share acquisitions by its promoter group entity. Gallantt Industry Private Limited has completed two significant transactions within a week, acquiring equity shares through block deal platforms on both December 11 and December 16, 2025. The company has now filed official regulatory disclosures for the latest acquisition.

Official Regulatory Filing

Gallantt Industry Private Limited submitted formal disclosures to BSE Limited and National Stock Exchange of India Limited on December 17, 2025. The filing was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Filing Details:	Information
Filing Date:	December 17, 2025
Acquirer:	Gallantt Industry Private Limited
CIN:	U26990UP2020PTC137202
Signatory:	Smriti Agrawal (DIN: 10040203)
Transaction Mode:	Block Deal Platform

Latest Transaction Details

The most recent acquisition occurred on December 16, 2025, when Gallantt Industry Private Limited acquired 12,07,000 equity shares through the block deal platform. This follows the earlier acquisition of 9,67,089 shares on December 11, 2025.

Parameter:	First Transaction	Second Transaction
Acquisition Date:	December 11, 2025	December 16, 2025
Shares Acquired:	9,67,089	12,07,000
Percentage:	0.40%	0.50%
Transaction Mode:	Block Deal Platform	Block Deal Platform

Comprehensive Shareholding Impact

The regulatory filing provides detailed shareholding information showing the cumulative impact of both acquisitions. Gallantt Industry Private Limited's stake has increased from zero to 0.90% of the total share capital.

Shareholding Status:	Before Acquisitions	After Both Acquisitions
Gallantt Industry Shares:	0 (0.00%)	21,74,089 (0.90%)
Total Promoter Group Holding:	16,63,18,587 (68.93%)	16,84,92,676 (69.83%)
Total Equity Share Capital:	24,12,80,945	24,12,80,945

Extensive Promoter Group Structure

The regulatory disclosure reveals an extensive promoter group comprising 34 entities. The promoter group includes individual promoters from the Agrawal family, Hindu Undivided Families (HUFs), and corporate entities including Gallantt Fincares Private Limited (formerly Gallantt Udhyog Private Limited). Key promoter group members include Chandra Prakash Agrawal, Mayank Agrawal, Madhu Agrawal, and various family HUFs.

Corporate Information

Gallantt Ispat Limited maintains its registered office at GIDA, Sahjanwa, Gorakhpur, Uttar Pradesh. The company's equity share capital remains unchanged at 24,12,80,945 equity shares of ₹10.00 each following these acquisitions. Gallantt Industry Private Limited operates from Sector 23, GIDA, Sahjanwa, Gorakhpur, with its office located at Gallantt Landmark, Bank Road, Gorakhpur. The transactions represent the inclusion of Gallantt Industry Private Limited under the promoter group by virtue of acquiring shares in the company.